Fincart.io Secures Pre-Seed Round

Fincart.io Secures Pre-Seed Round

Fincart.io, a Cairo, Egypt-based tech company that provides solutions for e-commerce SMBs, has closed its pre-seed funding round.

The round was led by Plus VC, with participation from Plug and Play, Orbit Startups, Jedar Capital, and other regional and international investors.

Plus VC is one of MENA’s most active venture capital firms, focusing on investing in tech and tech-enabled startups across the region and beyond. The firm provides seed funding and follow-on support up to Series A.

The company plans to use the funds to enhance its technology platform, expand its courier network, and support the rapidly growing e-commerce market in Africa and the Middle East.

Launched in 2023 by Mostafa Elmasry and Nihal Ali, Fincart.io is a logistics and financial solutions platform designed to help small and medium-sized e-commerce businesses (SMBs) streamline their shipping processes and access working capital. Fincart integrates the largest network of shipping partners into a single platform.

Funding Details

Company: Fincart

Raised: Undisclosed

Round: Pre-Seed

Funding Date: January 2025

Lead Investor: Plus VC

Additional Investors: Plug and Play, Orbit Startups, Jedar Capital

Company Website: https://fincart.io/

Software Category: Logistics and Financial Solutions